Adaptive reuse and historical preservation of a 1920’s office building which housed the Pacific Red Car tunnel and station.

Property Size

• 12 story, 265-unit luxury apartment homes
• 15,000 sf of retail and restaurant space

Highlights

• Project was financed using a combination of tax credits, favorable financing and equity.
• The building façade and interior common space was rehabilitated pursuant to the Secretary of the Interior standards for historic preservation.
• One of the first projects to utilize the Adaptive Reuse Ordinance
• Project amenities include a fitness facility, dog park, BBQ areas and multiple lounge areas